Doha: Qatar National Bank (QNB) has announced the latest deposit rates, effective from Wednesday, with varying rates across multiple currencies including USD, JPY, CHF, and GBP.
According to Qatar News Agency, the deposit rates for USD range from 3.66876% for a one-month deposit to 3.98569% for a twelve-month deposit. The rates for JPY start at 0.73000% for one month and increase slightly to 1.26000% for a twelve-month period. Meanwhile, the deposit rates for CHF show a negative trend, starting from -0.20000% for a one-month deposit and gradually increasing to 0.20000% for a twelve-month deposit. The GBP rates begin at 3.65000% for a one-month deposit and reach 4.33000% for a twelve-month deposit.
For local and regional currencies, the QAR deposit rate begins at 4.00000% for a one-month term and decreases to 3.75000% for a twelve-month term. SAR rates start at 4.50000% for a one-month deposit, remaining steady at 4.30000% for longer terms. AED rates begin at 2.05000% for a one-month deposit and increase to 3.15000% for a twelve-month deposit. Finally, the BHD rates start at 4.57000% for a one-month deposit, rising to 4.88000% for a twelve-month term.